indicator that colors candles in real-time based on market structure and draws liquidity zones, institutional flows, and consolidation ranges. Designed for traders who operate under Smart Money Concepts (SMC) principles.
🧠 Algorithm Logic
https://chartshots.spotware.com/c/69f0e3fd81319
1. Market Structure Detection 🔍
- Finds pivots (local highs and lows) using a configurable lookback period.
- Compares consecutive pivots to determine structure:
- Higher Highs + Higher Lows = Bullish Bias 📈
- Lower Highs + Lower Lows = Bearish Bias 📉
- Mixed signals = Neutral Bias ➡️
- Filters noise: only counts pivots that move beyond a threshold based on ATR (Average True Range) multiplied by adjustable sensitivity.
https://chartshots.spotware.com/c/69f0e7e752b74
2. Institutional Flows (Flow Boxes) 🔄
- Every time a new significant pivot forms, the algorithm draws a horizontal line from the previous pivot to the new one.
- Classifies the flow as:
- Continuation: price respects the trend (HL in uptrend, LH in downtrend) ✅
- Reversal: price breaks structure (LL in uptrend, HH in downtrend) ⚠️
- Draws a colored box around the pivot labeled "CONTINUATION" or "REVERSAL".
3. Supply/Demand Zones (Liquidity) 💧
https://chartshots.spotware.com/c/69f0e8e7aef29
- Around each significant pivot, a horizontal band is drawn extending into the future for a configurable number of bars.
- These zones represent unexecuted institutional orders:
- Bearish pivots → SUPPLY zone (sell orders) 🔴
- Bullish pivots → DEMAND zone (buy orders) 🟢
- A zone breaks and disappears when price penetrates it with enough force or when its lifespan expires.
4. Range Detection Engine (Consolidations) 📦
- Calculates a Simple Moving Average (SMA) with an ATR band around it.
- If every single bar within a lookback window stays inside the band, the algorithm identifies a consolidation range.
- Draws a blue rectangle with:
- Dotted midline (range equilibrium) ⚖️
- Breakout probability percentage bullish/bearish based on:
- Directional momentum (ADX/DI+ vs DI-) 📐
- Cumulative bullish vs bearish volume inside the range 📊
- Time spent in upper vs lower half ⏱️
5. Candle Coloring (Clean & Visual) 🕯️
- Green candle = confirmed bullish structure (HH+HL) 🟢
- Magenta/Red candle = confirmed bearish structure (LH+LL) 🔴
- Gray candle = neutral or transitional phase ⚪
- No overlapping rectangles: real wicks and bodies are fully visible at all times.
📋 Dashboard (corner)
Numeric summary of active zones, flows & ranges
🛠️ How to Use It
⚙️ Recommended Settings
- Timeframe: H1 or higher (ideal for Smart Money).
- Default parameters: work well for Forex, indices, and crypto.
- Adjust sensitivity: increase for volatile markets, decrease for choppy sideways markets.
📗 Trading Rules :
✅ Long Entry (BUY)
- Candles must be green (bullish bias active) 🟢
- Price touches or approaches an active "DEMAND" zone 🟢
- A "CONTINUATION" box (not "REVERSAL") appears at that zone ✅
- Dashboard shows bullish breakout probability > 60% on the active range (if any) 📊
✅ Short Entry (SELL)
- Candles must be magenta/red (bearish bias active) 🔴
- Price touches or approaches an active "SUPPLY" zone 🔴
- A "CONTINUATION" box (not "REVERSAL") appears at that zone ✅
- Dashboard shows bearish breakout probability > 60% 📊
❌ Do NOT Trade If...
- Candles are gray (no defined bias) ⚪
- A "REVERSAL" signal appears right where you were about to enter ⚠️
- Price is inside a blue range with no clear breakout yet 🔵
- Dashboard shows opposite confluence (bearish confluence on a bullish setup, or vice versa) 🔄
📈 Dashboard Interpretation
text
═══ SMART MONEY PRO ═══
Bias: BULLISH ▲ ← Current market bias
Bull Zones: 2 Bear: 1 ← Active liquidity zones
Cont Flows: 3 Rev: 0 ← Continuations vs reversals
Ranges: 4 (active: 1) ← Total and active ranges
Active Range ▲65% ▼35% ← Breakout probability
⚡ BULLISH CONFLUENCE ← Maximum alignment signal
💡 Key Principles
- ✅ No repaint: everything is calculated using only closed bar data.
- ✅ Clean chart: colored real candles, semi-transparent zones, no visual clutter.
- ✅ Structure preview: candle color tells you the market phase before pivots are obvious.
- ✅ Built-in confluence: when active zone + active range + flow signal all align, the dashboard explicitly flags it for you.
